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A Selective Review of Recent Quantitative Empirical Research in
A Selective Review of Recent Quantitative Empirical Research in

... have used, over the years, improved statistical techniques and better measurement for quantitative empirical work. This paper will review some of this literature, focusing specifically on quantitative empirical research on two particular issues, Marxist national accounts and the value controversy. T ...
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Chapter on Advertising
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Surplus product

Surplus product (German: Mehrprodukt) is an economic concept explicitly theorised by Karl Marx in his critique of political economy. Marx first began to work out his idea of surplus product in his 1844 notes on James Mill's Elements of political economy.Notions of ""surplus produce"" have been used in economic thought and commerce for a long time (notably by the Physiocrats), but in Das Kapital, Theories of Surplus Value and the Grundrisse Marx gave the concept a central place in his interpretation of economic history. Nowadays the concept is mainly used in Marxian economics. political anthropology, cultural anthropology, economic anthropologyThe translation of the German ""Mehr"" as ""surplus"" is in a sense unfortunate, because it might be taken to suggest ""unused"", ""not needed"" or ""redundant"", while literally it means ""more"" or ""added"" - thus, ""Mehrprodukt"" refers really to the additional or ""excess"" product produced. In German, the term ""Mehrwert"" simply and literally means value-added, a measure of net output, (though, in Marx's specialist usage, it means the surplus-value obtained from the use of capital, i.e. it refers to the net addition to the value of capital owned).
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